Maruti Suzuki: Reversal Signs Emerging on Daily ChartMaruti Suzuki: Reversal Signs Emerging on Daily Chart
Maruti Suzuki India Ltd. – Technical View
CMP: ₹13,824
Stop Loss: ₹13,170
Targets: ₹14,570 | ₹15,440
Maruti Suzuki is showing encouraging signs of a potential trend reversal on the daily chart. The price structure resembles a Cup & Handle, Double Rounding Bottom, or even a Volatility Contraction Pattern (VCP)—all of which are considered constructive bullish formations when confirmed by a breakout.
From a broader perspective, the stock appears well-positioned for a fresh upside move if buying momentum continues. Additionally, declining crude oil prices could act as a supportive macro factor for the automobile sector, potentially benefiting Maruti through lower input and logistics costs, subject to broader market conditions.
Risk Management
Maintain strict stop-loss discipline.
Control position sizing.
Avoid overexposure in a volatile market.
Pyramiding can be considered only after a sustained move above key resistance levels with confirmation of trend continuation.
Consider partial profit booking near Target 1 and trail the stop loss thereafter.
⚠️ Be cautious in volatile markets. Maintain strict stop-loss discipline, control position sizing, avoid aggressive pyramiding, and do not overexpose capital.
⚠️ Clarification:
This is an independent analysis based purely on technical and market study. No part of Religare is involved in this view or recommendation.
📝 Important:
I am not responsible for any loss or profit incurred. I am not taking any fees for these views—just sharing my analysis for educational and informational purposes.
📉 Disclaimer:
Not SEBI-registered. Please do your own research or consult a financial advisor before taking any investment decision.
TBZ exhibits a multi-year Rounding Bottom Pattern Breakout TBZ exhibits a multi-year Rounding Bottom / Cup Pattern Breakout on the monthly chart, having decisively crossed its decade-long neckline at ₹264.45. Based on structural wave expansion and Fibonacci projections, the stock holds technical potential to move ~50% higher from current market levels (~₹555) toward ₹830 – ₹835 over a 6 to 12-month horizon.
Key Technical Drivers
• Decadal Base Breakout: The monthly timeframe reveals a massive rounding bottom accumulation pattern spanning over 10 years (2014–2024), shifting the stock from a long-term bottoming structure into a hyper-bullish discovery phase.
• Volume Expansion & Momentum: The breakout above ₹264 was accompanied by massive trading volume expansion, confirming institutional absorption and trend validation.
• Fibonacci Target Trajectory:
o Pattern Neckline (1.0 Fib): ₹264.45
o Current Price (CMP): ~₹555.30
o First Upside Hurdle: ₹705.00
o 50% Target Zone (+50% from CMP): ₹830.00 – ₹835.00
o Extended Macro Target (1.618 Fib Extension): ₹1,557.20
Support Levels & Risk Management
• Immediate Support Zone: ₹480 – ₹500 (Previous local high acting as short-term floor).
• Major Structural Support: ₹360 – ₹430 (Key demand zone on any broader market consolidation).
• Invalidation Threshold: A monthly close below ₹308 invalidates the immediate continuation setup.
Trading & Investment Strategy
Positioning favors buying on dips toward the ₹480–₹510 zone rather than chasing vertical momentum at current highs. A trailing stop-loss below key support levels allows participation in the move toward the ₹830+ target while managing risk effectively.
Learn & Earn with Chartsboltahai. Happy Investing.
PRICOLLTDTechnical Note: Let the market come to your zones and show its hand. Trade safely and manage your risk! Always wait for your own confirmations before entering the market.
Risk Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always practice proper risk and position sizing. The market is supreme; no one can make a 100% accurate prediction. Stop Loss Must if you want to be a profitable Trader.
MARKET VIEW:-
Current Bias: BULLISH
Preferred Strategy: – BUY ON DIP
JKPAPER: Multi-Year Resistance & Trendline Breakout SetupJKPAPER is approaching an important technical confluence zone where a multi-year horizontal resistance meets a long-term descending trendline.
The ₹410–₹420 zone has acted as a significant resistance area over the past few years. Price has tested this region multiple times, making it an important level to watch.
At the same time, the stock has been trading under a descending trendline drawn from the 2024 peak near ₹620.
After forming a major low around ₹270 in March 2025, JKPAPER started recovering and gradually formed higher lows. The current price action is now approaching both the horizontal resistance and the long-term trendline.
Key Levels
• Major resistance: ₹410–₹420
• Long-term descending trendline: Currently being tested
• Important support: Previous breakout area around ₹380–₹390
What to Watch
A decisive close above the ₹420 resistance zone, along with a breakout above the descending trendline, could indicate a potential long-term trend reversal.
Ideally, the breakout should be supported by increased volume. A successful retest of the breakout zone could further strengthen the bullish structure.
The chart currently presents an interesting confluence breakout setup.
This analysis is for educational purposes only and is not financial advice.
Strides Pharma 🎯 STOCK TO WATCH
WEEKLY R4 MOMENTUM BREAKOUT SETUP
₹1,181 → ₹1,459 → ₹1,798
A pharma momentum + improving earnings setup appearing on my Weekly R4 Momentum Breakout Scanner.
💊 STRIDES PHARMA SCIENCE LTD
NSE: STAR
(Formerly known as Strides Shasun)
📌 TRADE LEVELS
🟢 Buy Zone: ₹1,181
🟠 Breakout Zone: ₹1,181
🔴 Stop Loss: ₹931
🎯 Target 1: ₹1,459
🚀 Target 2: ₹1,798
🔥 WHY STRIDES?
• Strong Q1 FY27 growth — Revenue ₹1,265 Cr, up 13% YoY.
• PAT surged 57.5% YoY to ₹156.9 Cr.
• Ex-US markets grew 17% YoY, becoming an important growth engine.
• Profitability improving — EBITDA was about ₹230 Cr in Q1 FY27.
• USFDA EIR received for its flagship Bengaluru facility, closing the May 2026 inspection.
• Net debt/EBITDA improved to 1.52x, according to the company's Q1 commentary.
👀 WHY IT CAUGHT MY ATTENTION
📈 ₹1,181 is the key technical trigger.
📈 Stock is trading close to its 52-week high of ₹1,231.
📈 Momentum has strengthened significantly.
📈 Earnings growth is supporting the technical setup.
📈 Regulatory overhang at the Bengaluru facility has recently been addressed.
⚠️ IMPORTANT
This is a high-risk momentum setup. Q1 revenue declined sequentially by 4.39%, while operating profit also eased QoQ, so continued execution and margin performance need monitoring.
Risk Defined. Reward Visible.
⚠️ This content is for educational purposes only and not investment advice. Please do your own due diligence before making any investment decisions.
© 20K Microcap Investing | R4 Momentum Desk
#StridesPharma #STAR #PharmaStocks #MomentumStocks #BreakoutStocks #IndianStocks #R4Momentum #StockToWatch
Mishra Dhatu Nigam limited 🛡️ STOCK TO WATCH 🛡️
₹476 → ₹709 → ₹1,157 👀
A defence materials + aerospace/space + strategic alloys + momentum setup appearing on my Weekly R4 Momentum Breakout Scanner.
Mishra Dhatu Nigam Ltd. (MIDHANI)
📌 Buy Zone: ₹476
📌 Breakout Zone: ₹476
🛑 Stop Loss: ₹346
🎯 Target 1: ₹709
🎯 Target 2: ₹1,157
Why MIDHANI?
🛡️ Strategic defence materials: MIDHANI manufactures superalloys, titanium alloys and special steels used across aerospace, defence, space, atomic energy and naval applications.
🚀 Aerospace & space opportunity: The company supplies titanium and superalloy products for indigenous aero-engine programmes and critical materials for Indian Navy and space applications.
📈 Strong Q1 FY27 revenue growth: Q1 FY27 revenue reached ₹239.49 Cr, up 40.46% YoY, while consolidated PAT rose approximately 27% YoY to ₹16.47 Cr.
📋 Large order visibility: The order book stood at around ₹2,329 Cr as of July 1, 2026, providing substantial revenue visibility relative to the quarterly revenue base.
🏭 Capacity & technology expansion: MIDHANI has been investing in new facilities and capabilities, including titanium production, superalloy castings, aerospace fasteners and titanium fabricated structures.
🔥 Weekly R4 Momentum Breakout: ₹476 is the key technical level on my scanner. Sustained strength above this zone could open the path towards ₹709 and potentially ₹1,157.
Why It Caught My Attention
✅ Strategic defence-materials business
✅ Aerospace & space exposure
✅ Q1 revenue +40% YoY
✅ Q1 PAT +27% YoY
✅ ₹2,329 Cr order-book visibility
✅ Titanium & superalloy capabilities
🔥 Weekly R4 Momentum Breakout
⚠️ IMPORTANT
This is not a low-risk defence compounder.
The Q1 headline growth was strong, but earnings remain lumpy. Revenue fell sharply QoQ from ₹552.75 Cr to ₹239.49 Cr, while operating profit declined 68% QoQ. EBITDA margin also came under pressure.
Management expects margins to recover as LPG and raw-material volatility normalise, but this remains an important factor to monitor.
The ₹1,157 target is a high-end technical/momentum scenario, not a guaranteed fundamental valuation.
Risk Defined. Reward Visible.
📢 Disclaimer: This content is for educational purposes only and not investment advice. Please do your own due diligence before making any investment decisions.
© 20K Microcap Investing | R4 Momentum Desk
#MIDHANI #MishraDhatuNigam #DefenceStocks #DefenceIndia #AerospaceStocks #SpaceStocks #Titanium #SpecialAlloys #SmallCapStocks #MomentumStocks #BreakoutStocks #StockMarketIndia #IndianStocks #StocksToWatch #R4Breakout #MomentumInvesting #20KMicrocap
Vistar Amar Ltdsomething Big
Vistar Amar Ltd is an Indian marine and fish products processor. The core investment thesis centers on a modernizing micro-cap business overcoming past operational bottlenecks. With Veraval fully back online and solar power initiatives active, the company is demonstrating high earnings leverage as revenue expands. However, its single-segment profile and exposure to marine supply availability introduce operational volatility.
20 MICRONS (D) CHARTTechnical Note: Let the market come to your zones and show its hand. Trade safely and manage your risk! Always wait for your own confirmations before entering the market.
Risk Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always practice proper risk and position sizing. The market is supreme; no one can make a 100% accurate prediction. Stop Loss Must if you want to be a profitable Trader.
MARKET VIEW:-
Current Bias: BULLISH
Preferred Strategy: – BUY ON DIP
stop loos only 1.95 %* **Draw Line:** Connect 3+ swing points.
* **Breakout Close:** Wait for candle body to close past line.
* **Volume Spike:** Check for high volume on breakout candle.
* **Retest Entry:** Buy/sell when price retests the broken line.
* **SL & Target:** SL below recent swing, Target 1:2 Risk/Reward.
BUY @1889 SL1852 **5 Key Rules for Trendline Breakout Trading:**
* **Valid Trendline:** Draw a line connecting at least 2–3 major swing highs or lows.
* **Candle Close:** Enter only after the candlestick closes clearly beyond the trendline.
* **Volume Confirmation:** Ensure high volume on the breakout candle to confirm strength.
* **Stop-Loss Placement:** Set a stop-loss just below the breakout candle or recent swing low.
* **Target Setting:** Aim for the next major resistance level or a minimum 1:2 Risk-to-Reward ratio.
Stallion India Fluorochemicals LimitedOne of my favorite chat pattern
Stallion India Fluorochemicals Limited is an established player in refrigerant debulking, blending, and specialty gas distribution. Transitioning from a pure trading/processing entity to an integrated manufacturer of next-generation low-GWP refrigerants (R-32 and HFOs), the company benefits from a conservative capital structure (low D/E of 0.05) and robust secular demand from India's expanding HVAC&R and high-tech manufacturing sectors.
ECLERX CMP 1930 (Pole and flag Pattern)After bounce from 1400 Levels from a Base trendline stock was made a short rally for 1900 level. Now this stock trading in a consolidation zone and making a Pole and Flag Pattern on weekly time Frame. If this break this zone we can see a short rally again for 2000.......2200.....2400 levels. Risk Reward is best. So add this to your watchlist and see and see how it perform in coming days.( Dont forget to use Stoploss)
NRAIL CMP 544.(Long Base Breakout Pattern).As we see on monthly chart it is trading near 52 week high zone and All time high zone.RSI indicating price strength. Many other example we can see if stock making very long base then possible powerful breakout.Stock fundamental looking attractive Promoters are increasing stack have potential to be double. Note-MUKUL AGARWAL also holding from last four quarters.
BUY @21810 SL @21300 **5 Key Rules for Trendline Breakout Trading:**
* **Valid Trendline:** Draw a line connecting at least 2–3 major swing highs or lows.
* **Candle Close:** Enter only after the candlestick closes clearly beyond the trendline.
* **Volume Confirmation:** Ensure high volume on the breakout candle to confirm strength.
* **Stop-Loss Placement:** Set a stop-loss just below the breakout candle or recent swing low.
* **Target Setting:** Aim for the next major resistance level or a minimum 1:2 Risk-to-Reward ratio.
MAHARASHTRA SEAMLESS## Maharashtra Seamless Ltd. (CMP ₹689.00, NSE: MAHSCO)
**The SmartWay Research Desk | 8 September 2026**
A Mumbai‑based steel pipe## Maharashtra Seamless Ltd. (CMP ₹689.00, NSE: MAHSCOOTER)
**The SmartWay Research Desk | 8 September 2026**
A Mumbai‑based steel pipe manufacturer, incorporated in 1988. Maharashtra Seamless Ltd. is India’s largest producer of **seamless pipes, ERW pipes, and coated pipes**, catering to industries such as oil & gas, power, automotive, and infrastructure. The company is part of the DP Jindal Group and has manufacturing facilities in Maharashtra and Haryana.
**Promoter Holding (Jun 2026):** **DP Jindal Group (Jindal Family) — ~63.2% stake (no pledges)**
---
### FY22–FY26 Snapshot
- **Revenue Growth:** FY26 revenue ₹5,842 Cr vs ₹5,112 Cr in FY25 (+14.3% YoY). → **Good**
- **Net Profit:** FY26 PAT ₹812 Cr vs ₹702 Cr in FY25 (+15.7% YoY). → **Good**
- **Operating Margin:** FY26 EBITDA ₹1,412 Cr, margin 24.2% vs 23.5% last year (+70 bps). → **Good**
- **Equity Capital:** Stable, face value ₹5. → **Good**
- **Dividend Policy:** Dividend ₹6.00/share declared for FY26. → **Good**
- **Asset Building:** Investments in **capacity expansion, coated pipes, and offshore projects**. → **Good**
- **Sales:** Strong demand from **oil & gas and infra sectors**. → **Good**
- **Expense:** Raw material cost pressures (steel, alloys) remain. → **Neutral/Good**
- **EPS:** FY26 EPS ₹26.25 vs ₹22.40 last year (+17.2%). → **Good**
---
### Institutional Interest & Ownership Trends (Jun 2026)
- **Promoter Holding:** ~63.2% (no pledges)
- **FII Holding:** ~12.8%
- **DII Holding:** ~14.6%
- **Retail & Others:** ~9.4%
---
### Strategic Moves & Innovations
- Expansion in **seamless and ERW pipe capacity**.
- Focus on **oil & gas exploration and offshore projects**.
- Partnerships with **global energy companies for supply contracts**.
- Diversification into **coated pipes and specialized industrial products**.
---
### Cash Flow & Balance Sheet Strength
- Market cap ~₹11,200 Cr.
- Debt‑to‑equity ratio ~0.42 (moderate leverage).
- Book value per share ₹182.00; P/B ~3.8.
- EPS (TTM) ₹26.25; P/E ~26.2.
---
### Risk Factors
- Moderate‑high **P/E ratio ~26.2**, valuations slightly expensive.
- Dependence on **oil & gas demand cycles**.
- Exposure to **commodity price volatility (steel, alloys)**.
- Competition from Ratnamani Metals, Welspun Corp, and Jindal SAW.
---
### Investor Takeaway
Maharashtra Seamless has delivered **robust FY26 performance**, supported by demand in oil & gas, infra projects, and coated pipe expansion. With strong promoter backing (Jindal Family, 63.2% stake), dividend payouts, and leadership in seamless pipes, the company remains a **mid‑cap steel & infra play**. At CMP ₹689.00, valuations are **moderately expensive (P/E ~26.2, P/B ~3.8)**, reflecting growth expectations with manageable risks.
WIPRO – Long-Term Channel Support Bounce?Wipro Limited is currently approaching an important zone within a long-term rising price channel on the monthly timeframe. The broader chart structure continues to show a long-term upward trajectory, with the lower boundary of the channel acting as a significant historical support area.
The recent corrective movement has brought the price closer to this rising support zone. If the channel structure continues to remain valid and buyers defend this region, the stock could witness a potential upside movement in the coming months.
The projected path on the chart represents only a possible technical scenario. Price may experience volatility, consolidation, or further corrections before any meaningful directional move develops.
Technical View
Long-term rising channel remains the primary structure.
Price is approaching the lower boundary/support region of the channel.
Historical channel support could become an important area to watch.
A successful hold and reversal from this zone may open the possibility of an upside move.
This is strictly a long-term chart-pattern observation, not a short-term trading call.
About the Company
Wipro Limited is a global AI-powered technology services and consulting company. Its business spans technology consulting, cloud and infrastructure services, cybersecurity, engineering, data and analytics, application development, business process services, and AI-led digital transformation solutions. The company also operates an IT Products segment offering third-party computing, storage, networking, security and software products.
Disclaimer
This analysis is based solely on long-term technical chart patterns and price structure. It does not consider fundamentals, financial results, valuations, news, corporate developments, or macroeconomic factors. The projected movement is only a possible scenario and is not guaranteed. Markets involve risk, and price can move in either direction. This is not investment advice or a recommendation to buy or sell any security. Please conduct your own research before making investment decisions.
BAJAJ HOUSING FINANCE (D): SwingBAJAJ HOUSING FINANCE (D): Swing
Bajaj Housing Finance is currently trading inside a contracting price structure, with the range gradually narrowing. The setup suggests that a volatility expansion may be approaching.
🔹 Volume has gradually reduced as the price range contracts.
🔹 This indicates reduced participation and a possible drying up of aggressive selling pressure.
The real confirmation will come when price breaks the resistance zone with a clear expansion in volume.
🔵 Entry Zone: ₹84.00–₹85.20
🔴 Stop Loss: ₹81.36
🟢 Target 1: ₹90
🟢 Target 2: ₹94.42
🟢 Final Target: ₹98.13
📈 Risk : Reward = 1 : 3.42
Price is compressing. Volume is contracting. Now the market is waiting for participation to return. The breakout volume will tell the real story.
Note: Trade probabilities, not predictions.






















